People wanting to buy a home may have financial problems or previous issues that will make conventional financing difficult. Other borrowers may have little-established credit for conventional financing, creating a barrier to obtaining a home they need to build a credit history. These are just some reasons why hard money financing could be a better option. There are pros and cons to using hard money for financing a home, so let’s review them:
Continue reading
Today’s conventional underwriting standards are more strict than in the past, and loans which had previously closed might be rejected in today’s marketplace. There are many possible reasons for a conventional loan denial including issues found with the property, credit problems, previous bankruptcies or foreclosures, and so forth. Fortunately, you have AHL Hard Money Network available to provide hard money financing for your property.
Continue reading
New investors, particularly those who have been denied financing by conventional lenders, may think their options are exhausted. To the contrary, they may be perfect candidates for hard or private money lending. Unfortunately, there are a lot of misconceptions concerning hard money lending that will keep some borrowers from exploring this option. Let’s review hard money loans and how they might be a great opportunity for you.
Continue reading
Homeowners facing or in the midst of foreclosure may not feel they have options to stop the foreclosure process. They do have an option by working with AHL Hard Money Network. Having the money to deal with the foreclosure can allow homeowners to either sell the property or work to find find another mortgage at terms they can afford.
Continue reading
If you have been accumulating debt on credit cards or other sources, it may be a good idea to consolidate that debt into a single payment using a home equity loan. This is particularly valuable if you have accrued a lot of home equity by either having paid off your mortgage or nearly so. The problem is many people with lots of equity can have credit or other problems that keep them from obtaining conventional home equity loans. This is where AHL Hard Money Network can help.
Continue reading
Private money loans are becoming more popular as people move away from time consuming and frustrating conventional loans. Like conventional loans, there are some things you should do to make the most of a private money loan. Here are five things to consider:
Continue reading
